sabreW4K3@lazysoci.al to

Technology@beehaw.orgEnglish · 1 day ago

Allbirds shares soar 580% after pivot from shoes to AI

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Allbirds shares soar 580% after pivot from shoes to AI

sabreW4K3@lazysoci.al to

Technology@beehaw.orgEnglish · 1 day ago

The company is selling off its shoe brand as it plans to shift to providing technology infrastructure.

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Hirom@beehaw.org
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1 day ago
That’s a hard pivot. And building more AI infrastructure is a bad idea. But they might make some short term money given the AI hype.
- belated_frog_pants@beehaw.org
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  24 hours ago
  Thats all they care about

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